AQT serves as the utility token for Alpha Quark, a marketplace on BNB Chain and Ethereum that specializes in NFTs backed by valuable intellectual property. It also functions as a metaverse platform for artists.

Alpha Quark operates as a P2P NFT collateral lending protocol on BNB Chain, enabling NFT holders to borrow money by using their NFTs as collateral, without having to sell them. The AQT token plays a key role within this marketplace. Alpha Quark empowers users to mint, promote, and trade valuable NFT items associated with intellectual properties, such as music copyright, music master rights, webtoon copyright, and movie copyright. By tokenizing intellectual property assets, it creates a new market where users can easily access valuable digital assets.